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Model to Develop A Provision For Adverse Deviation PAD For The Longevity Risk for Impaired Lives

Model to Develop A Provision For Adverse Deviation PAD For The Longevity Risk for Impaired Lives This paper considers the risk that actual mortality will be lower than the mortality assumed when ...
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Description: This paper considers the risk that actual mortality will be lower than the mortality assumed when pricing life annuities on impaired lives. It develops a method for managing this risk through a Provision for Adverse Deviation PAD.
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- Authors: Application Administrator
- Date: Jan 2007
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Topics: Annuities>Individual annuities; Annuities>Payout annuities; Annuities>Pricing - Annuities; Annuities>Reserves - Annuities

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Model to Develop A Provision For Adverse Deviation PAD For The Longevity Risk for Impaired Lives